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CHIPS Incentives: Commercial Fabrication Facilities

CHIPS Incentives: Commercial Fabrication Facilities

Funds U.S. companies constructing, expanding, or modernizing commercial semiconductor fabrication facilities for leading-edge, current-generation, and mature-node chips.

CHIPS Incentives NOFO 1 was issued by the CHIPS Program Office within the U.S. Department of Commerce in February 2023, representing the first major funding opportunity under the $39 billion semiconductor incentives program authorized by the CHIPS and Science Act (signed August 9, 2022). In June 2023, the scope was widened to include facilities for semiconductor materials and manufacturing equipme…

Construction, expansion, or modernization of commercial semiconductor fabrication facilities. Capital investment must equal or exceed $300 million.

CycleiHow often this grant runs — e.g. annually, on a rolling basis, or a one-off call.One-off
Next deadlineiThe next date applications are due. Rolling means you can apply any time.—
Decision timeiTypical time from the deadline to the funder's decision.—
Project durationiHow long the funded work is expected to run.—
Award typeiThe form of funding — grant, equity, loan, tax credit, etc.Grant
Match fundingiThe share of project costs you must cover yourself. 0% = fully funded.0%
Funding pooliThe total budget available across all awards in this round.—

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Last verified: 24 Jul 2026Source: www.nist.gov